Crypto News – Sui (SUI), Monero (XMR), and Lido DAO (LDO) have all seen a large gain in price during the last day. This increase has drawn the attention of investors.
October 7 Crypto Prices: SUI, XMR and LDO Skyrocket
This may indicate an increase in investor interest in these tokens. A slot on CoinMarketCap’s trending list was also made available to XMR and LDO as a result of their 24-hour success.
Sui (SUI) Price
The price of SUI managed to rise by 0.63% over the previous day, placing the company at about $0.4443 as of this writing. As a result, the altcoin’s price was just below the $0.4586 daily high.
The Sui Foundation said earlier this week that it intends to promote its DeFi ecosystem with a large investment of $51.3 million through an ecosystem fund, which may be the reason for the token’s price surge. The funding will provide crucial assistance to DeepBook and the DeFi development team.
Monero (XMR) Price
The price of XMR increased by 2.31% during the course of the day, bringing it to $153.02 where it is currently trading. In addition, over the previous week, the price of the cryptocurrency increased by 4.29%.
The price of Monero was nevertheless able to rise by 7.17% over the past month even if there were no notable updates or announcements published on the token’s X page in the previous few weeks. XMR is the 24th most valuable cryptocurrency according to market capitalization, with a market valuation of $2,806,800,349.
Lido DAO (LDO) Price
LDO’s price, which had dropped by more than 5% in the previous week, was able to make a small recovery. The token’s price had increased by a small 1.59% as of the time of publication, making it worth $2.04 at that moment.
But the token’s intraday trading volume had fallen by 33.59%, bringing its price down to $22,686,104. With a market valuation of $1,410,765,023, LDO was rated as the 32nd largest cryptocurrency.
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